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Property profile & analytics
OFF-MARKET
Commercial land

7928 Preston Rd Plano, TX 75024-2301

2.79 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US83-1087760
Property summary
AI-generated overview

This exceptional 2.7-acre commercial land parcel presents a unique investment opportunity in the thriving city of Plano, Texas. Located at 7928 Preston Road, this property boasts a highly desirable location, situated just east of the Dallas North Tollway and south of the Sam Rayburn Tollway (Highway 121). Its strategic position offers unparalleled access to major transportation arteries, placing it a convenient 23 miles from Dallas/Fort Worth International Airport and 23.3 miles from Downtown Dallas. The site is ideally positioned near significant landmarks, including the Plano Federal Courthouse and Children's Medical Center Plano. Furthermore, the property benefits from proximity to popular retail destinations such as Stonebriar Center in Frisco and Shops of Legacy in Plano, providing easy access to a wide array of shopping, dining, and hospitality options. The zoning designation is 02, allowing for a 75,000 square foot buildable area. This remarkable property offers a unique blend of convenience, visibility, and development potential. Additional features include a prominent Preston Road monument sign, ensuring high visibility, along with the added benefit of natural privacy provided by a creek and mature trees. This is an ideal site for a discerning user seeking a prime location in one of the most dynamic commercial markets in Texas. The asking price for this exceptional property is $1,800,000. Collin County location, zip code 75024.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 2.79 ac (121,532 SF)
Zoning code COMM
APN R-11138-000-0TMU-1
UPID US83-1087760
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
PRESTON ONE
PRESTON ONE
Zoning & alternative use
COMM · Plano, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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